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This article examines the gasoline tax option being proposed in the U.S. in 2005, employing an econometrically based multi-market simulation model to explore the policy's efficiency and distributional implications. Because of its potential to improve the environment and enhance national...
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The past decade has witnessed significant advances in the microeconometric analysis of recreation data. In this review, we focus on two areas in which these innovations have been especially prolific: accounting for unobserved preference heterogeneity and controlling for unobserved and possibly...
Persistent link: https://www.econbiz.de/10013120532
Exploiting a rich data set of passenger vehicle registrations in twenty U.S. metropolitan statistical areas from 1997 to 2005, we examine the effects of gasoline prices on the automotive fleet's composition. We find that high gasoline prices affect fleet fuel economy through two channels: (1)...
Persistent link: https://www.econbiz.de/10012464197
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This paper reports the results of an evaluation of the direct and indirect information on the compliance costs state Departments of Transportation (DOT) experience in responding to environmental regulations. After reviewing the statutory requirements and a series of Environmental Impact...
Persistent link: https://www.econbiz.de/10005787354
This paper uses the Federal Aid Highway program as the source for natural experiment to evaluate whether complying with federal environmental regulations increases construction costs. This is accomplished by evaluating whether indexes of the environmental resources in each state affect...
Persistent link: https://www.econbiz.de/10005787371
This paper generalizes results from Anderson, De Palma, and Thisse [1992] linking individual random utility and aggregate representative individual demand models, to consider a comparable relation for the willingness to pay functions for quality attribut es of marketed goods. It also suggests...
Persistent link: https://www.econbiz.de/10005198761